| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $130M | $109M | -11.6% | 6.1% |
| Op. Income | $6M | -$14M | $8M | 144.9% | -22.5% |
| Gross Margin | 76.7% | 77.6% | 76.2% | -0.8pp | 0.5pp |
| Net Margin | 10.7% | -13.1% | 2.9% | 23.8pp | 7.8pp |
| EPS (Diluted) | $0.09 | $-0.13 | $0.02 | 170.8% | 288.6% |
| Free Cash Flow | $6M | $3M | $11M | 114.3% | -43.0% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $88M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $471.0K |
| Other Income/Expenses | -$419.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $88M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $471.0K |
| Other Income/Expenses | -$419.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $27M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $125M |
| Goodwill | $29M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $36M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $208M |
| TOTAL ASSETS | $446M |
| Account Payables | $24M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $56M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $326M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $279M |
| Minority Interest | $0 |
| TOTAL EQUITY | $279M |
| TOTAL LIABILITIES & EQUITY | $446M |
| Total Debt | $108M |
| Net Debt | $13M |
